Based upon the last wave count I posted the SPX should have made a new all time high on 12/21/17.
It's possible the SPX may have completed an Ending Diagonal Triangle (EDT) count on 12/18/17.
After that peak I posted the EDT was doubtful because of the large beak out above the upper trend line.
The EDT count while doubtful, was not eliminated, because the supposed 5th wave of the pattern had not yet exceeded the length
of the supposed 3rd wave of the EDT.
A break below SPX 2676 will open the door to a decline to at least 2652.
Mark
It's possible the SPX may have completed an Ending Diagonal Triangle (EDT) count on 12/18/17.
After that peak I posted the EDT was doubtful because of the large beak out above the upper trend line.
The EDT count while doubtful, was not eliminated, because the supposed 5th wave of the pattern had not yet exceeded the length
of the supposed 3rd wave of the EDT.
A break below SPX 2676 will open the door to a decline to at least 2652.
Mark